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The Millennium Development Goals aimed at halving the share of people without sustainable access to an improved water source and improved sanitation by 2015 compared to 1990. In 2006 the United Nations Development Programme estimated that concerning urban and rural water supply as well as urban sanitation, the targets will be achieved ...
Kashf Foundation (Urdu: کشف فاؤنڈیشن) is a non-profit organization, founded by Roshaneh Zafar in 1996. [1] Kashf is regarded as the first microfinance institution (MFI) of Pakistan that uses village banking methodology in microcredit to alleviate poverty by providing affordable financial and non-financial services to low income households - particularly for women, to build their ...
The economic policies proposed under the banner of "Islamisation" in Pakistan include executive decrees on Zakāt (poor-due), Ushr ( tithe ), judicial changes that helped to halt land redistribution to the poor, and perhaps most importantly, elimination of riba (defined by activists as interest charged on loans and securities). [ 1]
Akhuwat Foundation, a nonprofit organization based in Pakistan, offers interest-free loans to individuals who lack access to formal financial services. [1] [2] Founded in 2003 by Dr. Muhammad Amjad Saqib, who serves as the executive director, Akhuwat operates its head office in Lahore and has expanded to over 1,500 cities in Pakistan.
The IMF has opened discussions with Pakistan on a new loan programme after Islamabad last month completed a short-term $3 billion programme, which helped stave off a sovereign debt default.
Pakistan joined IMF on 11 July 1950 as newly established country was facing fiscal problems since its creation in 1947 from British India. In 1958, for the first time, Pakistan went to IMF for bailout. For this, IMF lent out US$25,000 (equivalent to $264,014 in 2023) [originally the loan-amount is given in SDR; [4] for this article it is ...
Pakistan's finance ministry expects the economy to grow by 2.6% in the fiscal year ending in June, while average inflation for the year is projected to stand at 24%, down from 29.2% the previous ...
Without the consent of India, from 1987 to 1997 Pakistan constructed the Left Bank Outfall Drain (LBOD) project passing through the Great Rann of Kutch area with assistance from the World Bank. [ 72 ] [ 73 ] In violation of IWT Article IV(10), the LBOD's purpose is to prevent the saline and polluted water flow into the Indus delta of Pakistan ...